Vietnam’s imports of U.S. soybeans rose by 9% year-on-year in the first nine months of 2025 to US$300 million amid efforts to promote their use in aquaculture.
The U.S. shipped 670,000 tons, up nearly 30%, according to customs data.
They accounted for 33-34% of Vietnam’s total soybean imports, slightly up from the same period last year.
The U.S. Soybean Export Council said earlier this year that Vietnam is the third largest buyer of U.S. soybeans in Southeast Asia and one of the most robust markets globally.
It forecast the country’s rapidly developing food and animal feed sectors and consumers’ growing preference for plant-based products to drive up demand for the product.
It signed a three-year memorandum of cooperation with the Vietnam Fisheries Association last week to promote the use of U.S. soybeans in aquafeed.
Vietnam is one of the world’s five largest fisheries producers with aquaculture alone accounting for 4-5% of its GDP.
In June Minister of Agriculture and Environment Do Duc Duy led a delegation of nearly 50 agricultural businesses and associations to the U.S. for business dialogues aimed at promoting balanced and sustainable trade.
Some 20 memorandums of understanding for $3 billion worth of agricultural trade, including soybeans, were signed during the visit.
Source: VN Express